$2,093,000 - $5,413,000
RENTED MAY 13, 2025
3 Beds
3 Baths
2,320 Sq Ft
1998 Built

Highlights

  • Valet Parking
  • Fitness Center
  • Gated Community
  • Ocean Front
  • Heated In Ground Pool
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

As of May 2025

Experience breathtaking views of the Atlantic Ocean from this exquisite southeast corner 3-bedroom, 3-bathroom residence at 1500 Ocean. A pioneer of luxury in Miami Beach, 1500 Ocean was masterfully designed by the renowned architect Michael Graves. Spanning over 2,300 square feet, this expansive home features an oceanfront primary suite with a separate jacuzzi tub and shower, elegant marble floors, and a custom-designed kitchen. As a premier full-service luxury building, 1500 Ocean offers 24-hour security, valet service, a front desk attendant, concierge, a stunning pool, a state-of-the-art gym with sauna and steam room, and access to a private beach. This property is available as of 5/15/2025 - 11/30/2025

Last Agent to Rent the Property

Eloy Carmenate

The Corcoran Group License #3008688 Listed on: 01/20/2025

The Corcoran Group

Co-Listed By

Taylor Richardson

The Corcoran Group License #3410028

Last Renter's Agent

Maria Cristina Fontoura

London Foster Realty License #3303773

London Foster Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,855

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • East Facing Home

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Pool

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,320 Sq Ft Home
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Porch

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 5/15/25
  • Assessor Parcel Number 02-32-34-118-0140

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • 1500 Ocean Drive Condos
  • 1500 Ocean Drive Subdivision
  • Maintained Community
  • 17-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$48,855

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-05-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: CSMG02
  • Co List Office Phone: 305-395-4982
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Building Stories: 17
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: 1500 Ocean Drive
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 17

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 2320
  • Spa Features: Community
  • Stories: 17
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Ocean, Direct Ocean, Pool
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: In Ground, Heated, Hot Tub
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: 1500 Ocean Drive
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Assigned, Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Exercise Room, Management On Site, Pool Table, Sauna, Spa/Hot Tub
  • Association: No
  • Community Features: Lawn/Pool Maintenance, Additional Amenities, Gated, Clubhouse, Pool, Exercise Room, Maintained Community, Management On Site, Picnic Area, Sauna, Security Patrol, Spa/Hot Tub

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-118-0140
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2008
Sold by
660 N Halsted Llc
Bought by
Gottfred Enterprises Lp
Current Estimated Value
$3,581,734

Purchase Details

Closed on
May 29, 2002
Sold by
Jeffrey L Mcgregor M and Jeffrey Rose
Bought by
660 N Halsted Llc

Purchase Details

Closed on
Aug 31, 1999
Sold by
Jefferson Plaza Ltd
Bought by
Mcgregor Jeffrey L and Mcgregor Rose-Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,300
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gottfred Enterprises Lp -- None Available
660 N Halsted Llc $1,450,000 --
Mcgregor Jeffrey L $766,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgregor Jeffrey L $999,999
Previous Owner Mcgregor Jeffrey L $619,026
Previous Owner Mcgregor Jeffrey L $613,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Rented $11,000 -26.7% --
05/09/2025 05/09/25 Under Contract -- -- --
01/21/2025 01/21/25 Price Changed $15,000 +900.0% $6 / Sq Ft
01/20/2025 01/20/25 For Rent $1,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,855 $2,710,341 -- --
2024 $44,684 $2,463,947 -- --
2023 $44,684 $2,239,952 $0 $0
2022 $38,505 $2,036,320 $0 $0
2021 $35,743 $1,851,200 $0 $0
2020 $39,821 $2,056,900 $0 $0
2019 $43,326 $2,235,800 $0 $0
2018 $44,254 $2,353,428 $0 $0
2017 $57,957 $2,988,681 $0 $0
2016 $55,858 $2,716,983 $0 $0
2015 $52,883 $2,469,985 $0 $0
2014 $47,575 $2,245,441 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11728647

MIAMI REALTORS® MLS

APN: 02-3234-118-0140